Wall Street people learn nothing and forget everything.
( Benjamin Graham )
Insanity is doing the same thing over and over while expecting different results.
( Jesse Livermore )
Forecasts may tell you a great deal about the forecaster; they tell you nothing about the future.
( Warren Buffett )
Speculation is dealing with the uncertain conditions of the unknown future. Every human action is a speculation in that it is embedded in the flux of time.
( Ludwig von Mises )
All intelligent investing is value investing.
( Charlie Munger )
Wall Street sells stocks and bonds, but what it really peddles is hope.
( Jason Zweig )
Only when the tide goes out do you discover who’s been swimming naked.
( Warren Buffett )